Xiaotong Zhu - Sep 1, 2023 Form 4 Insider Report for Tesla, Inc. (TSLA)

Signature
By: Aaron Beckman, Power of Attorney For: Xiaotong Zhu
Stock symbol
TSLA
Transactions as of
Sep 1, 2023
Transactions value $
-$643,075
Form type
4
Date filed
9/6/2023, 07:40 PM
Previous filing
Aug 3, 2023
Next filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Sale -$643K -2.5K -4.13% $257.23 58K Sep 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2023.
F2 The amount of securities beneficially owned includes 34 shares acquired on August 31, 2023, under the Tesla, Inc. Employee Stock Purchase Plan.